Page 203 - Kolte Patil AR 2019-20
P. 203

Notes forming part of the Consolidated Financial Statements


            NOTE 16 - EQUITY SHARE CAPITAL
                                                                                                        (H in Lakhs)
                                                                                             As at          As at
            Particulars
                                                                                    March 31, 2020   March 31, 2019
            Authorised:
            100,000,000 Equity shares of ` 10/- each                                        10,000         10,000
            (as at March 31, 2019: 100,000,000 equity shares of ` 10/- each)
            90,000,000 Preference shares of ` 10/- each                                     9,000           9,000
            (as at March 31, 2019: 90,000,000 preference shares of ` 10/- each)
                                                                                           19,000          19,000
            Issued, Subscribed and Fully Paid:
            75,814,909 Equity shares of ` 10/- each                                         7,581           7,581
            (as at March 31, 2019: 75,814,909 equity shares of ` 10/- each)
            Total                                                                           7,581           7,581
            NOTE 16A : TERMS, RIGHTS & RESTRICTIONS ATTACHED TO EQUITY SHARES

            The Company has only one class of equity shares having a face value of ` 10 per share. Accordingly, all equity shares rank
            equally with regards to dividends & share in the Company’s residual assets. The equity shares are entitled to receive dividend
            as declared from time to time. Each holder of equity shares is entitled to one vote per share. In the event of liquidation of the
            Company, the holder of equity shares will be entitled to receive the remaining assets of the Company, after distribution of all
            preferential amount. The distribution will be in proportion to the number of equity shares held by the shareholders.
            16B : RECONCILIATION OF THE NUMBER OF SHARES AND AMOUNT OUTSTANDING AT THE BEGINNING
            AND AT THE END OF THE REPORTING YEAR

                                                                 As at March 31, 2020      As at March 31, 2019
            Particulars                                       Number of     Amount      Number of      Amount
                                                               shares     ` In Lakhs     shares      ` In Lakhs
            Shares at the beginning of the year                  75,814,909       7,581     75,798,409      7,580
            Issued during the year                                     -             -        16,500           1
            Outstanding at the end of the year                  75,814,909       7,581     75,814,909       7,581


            16C : DETAILS OF SHARES HELD BY EACH SHAREHOLDER HOLDING MORE THAN 5% EQUITY SHARES:
                                                                 As at March 31, 2020      As at March 31, 2019
                                                              Number of   % holding in              % holding in
            Particulars                                                                 Number of
                                                             shares held   that class of            that class of
                                                                            shares     shares held     shares
            Rajesh Anirudha Patil                                15,486,031     20.43%      15,486,031    20.43%
            Naresh Anirudha Patil                                14,949,248     19.72%      14,949,248    19.72%
            Milind Digambar Kolte                                 6,442,156      8.50%      6,442,156      8.50%
            Sunita Milind Kolte                                   5,539,553      7.31%      5,539,553      7.31%
            Sunita Rajesh Patil                                   7,033,083      9.28%      7,033,083      9.26%
            Vandana Naresh Patil                                  7,131,380      9.41%      7,051,014      9.29%







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